Profitable New Facial Spa In Northern Front Range For Sale

Business description

Price Just Reduced Again - Motivated Seller!! Priced well below value of assets and profits are coming in! Gorgeous new facial spa in the beautiful Northern Front Range of Colorado. Began as a franchise, so all systems are in place and run very well. But, no franchise fees or royalties! After three years in business, just went profitable and continues to grow. This is in a tough economy. The first half of 2011 showed a cash flow of over $25,000. There is nowhere to go but up! Seller has over $340,000 and 3 years invested. Seller lives out of state and commutes - just think what this business could be with a dedicated owner living near the business. Owner take home could be significantly more, if the owner was a licensed esthetician. This is the perfect timing to buy! This business has an excellent business model, with monthly memberships accounting for a significant and constant portion of revenues. Owner has continued to invest in the business and growing the service offering list. Customers love the services, the business model and are happy to return, month after month. This is a fun business, where the customers are happy to be coming in for their time to unwind and be pampered. Owner continues to invest - new machine for skin irregularity removal added late in '09, and medical professional-grade teeth whitening system just added in 2010. Even though these purchases are included in the numbers, there is nothing left to invest in! No monthly fees and NO FRANCHISE ROYALTY FEES.

Property information

Location:

The business is located in the northern Colorado Front Range area, in a suburb. It has excellent visibility from a high traffic highway and in the same facility as a Starbucks. The Class-A commercial space is in a strip mall, which is fashionable and very new, with easy access from the highway. It is also ideally situated in the middle of relatively new residential subdivisions, with lots of potential customer-base growth at your fingertips.

Size in square feet:

1,440

Other information

Expansion potential:

Expansion through additional marketing and further work on longer-term memberships will continue to provide significant growth and increased profit opportunities.

Competition / Market:

Very little competition in the region and segments / markets currently serviced by business. There are two competitors in the same city limits, one of which is associated with a country club and charges nearly double the rates for the same services. There are other competitors in neighboring cities, but far enough away that they are not considered a threat.

Support & training:

Will train for 4 weeks @ no cost

Reasons for selling:

Absentee owner too difficult

Trading hours:

Mon & Tues Closed, Wed & Thurs 10am-9pm, Fri 10am-7pm, Sat 9am-6pm, Sun 10am-5pm

Furniture / Fixtures value:

$33,551 (included in the asking price)

Inventory / Stock value:

$25,674 (included in the asking price)